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Revision as of 02:01, 16 October 2024

Despite the tax rate reductions of the Jobs and Growth Tax Relief Reconciliation Act of 2003, tips for sites marginal tax bracket for many retirees is a whopping forty-six.3%. Why? Because Social Security benefits are subject to income tax. Those affected are Social Security recipients who include the good fortune (misfortune?) turn out to be subject to both the 25% tax bracket and the 85% inclusion rate for Social Security benefits.

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Copyright 2010 by RioneX IP Group LLC. All rights booked. This material may be freely copied and distributed subject to inclusion within this copyright notice, author information and all of the hyperlinks are kept unchanged.

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